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Benzinga
Benzinga
Business
Jelena Martinovic

Cronos Group Reports 59% YoY Revenue Increase In FY 2021, Plans To Exit Of Peace Naturals Campus In Stayner, ON

CRON Cronos Group Cronos TSX

Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON) announced its 2021 fourth quarter and full-year business and financial results.

"Our fourth quarter 2021 results indicate positive momentum, which we will look to carry forward as we begin to implement our strategic and operational realignment initiatives,” Kurt Schmidt, president and CEO of Cronos Group, said. “As we look to 2022, we will continue to realign Cronos Group's organizational structure to match our strategy, with a primary focus on adult-use products and elevating our brands through rare cannabinoids.”

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